I think it's been pretty much determined that Craig Whyte is the secured creditor has it not?
ALL three of the remaining bidders for Rangers have refused to rule out liquidation
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I think it's been pretty much determined that Craig Whyte is the secured creditor has it not?
He can be stripped of his security depending on what wrong doings he can be charged with.
To be honest though, the guy is a pro at it, so he can probably beat the charges. Most likely we will have to either buy or rent ibrox back off him.
If only you knew
Anyways, why does it mean so much to have Celtic fans' approval for your diarrhoea?
Is it coz we is Champions?!
Seems to be a lot of ifs, buts and maybes going on here.
I've no doubt the next few weeks will bring a lot more twists and turns.
I've no doubt the next few weeks will bring a lot more twists and turns.
He's done nothing illegal, you doofus. He has brass balls the size of an elephants, but he's done nothing illegal.
It wouldn't be wrong as you shall find out shortly.
Wrong. I know you are not particularly reality savvy to say the least.
I understand this. The company has run the club into the ground. The company is responsible for managing the affairs of the club. The company will be liquidated and its assets sold off to pay back creditors. Amongst those assets is a position within the league structure. That will be sold to a new company who will apply to put a new team in it.
Widely accepted in your mind. A club can be bought and sold to a new company at any time. That doesn't affect the age of the club. When that company is liquidated before the club can be sold, then the club dies with it. This is what is widely accepted......and funnily enough the reason why a whole lot of your Hun counterparts are trying desperately to avoid liquidation
No. not at all. As has been demonstrated to you on more than one occasion.
If you chose to ignore these facts, that is up to you.
It has been proven beyond any shadow of any doubt that your premise is flawed. If you want to save the history, buy the club.
Really? Do special needs teachers usually make roaring ****s of themselves by spouting irrelevant and inaccurate ****?
Somebody do a flow chart for all the ifs and buts and things that could happen.
If Craig Whyte turns out to be the Wizard of Oz - and therefore a fictional character - the deal which saw him buy Rangers FC for a quid will be null and void. If the "Goodwill" of Rangers FC can be purchased as a tangible and real asset and not some vague abstract floating about in the ether, then they will survive if someone offers to buy this bag of smoke. They will probably at worst just have to pay Rent on Ibrox and Murray Park and the Bumper £10-12m any potential buyer will save can be used to buy a whole new squad of players, as well as coaching staff and trivial details like a Manager.
I'm sure everything will be just hunky dory in this alternate universe.
If Craig Whyte turns out to be the Wizard of Oz - and therefore a fictional character - the deal which saw him buy Rangers FC for a quid will be null and void. If the "Goodwill" of Rangers FC can be purchased as a tangible and real asset and not some vague abstract floating about in the ether, then they will survive if someone offers to buy this bag of smoke. They will probably at worst just have to pay Rent on Ibrox and Murray Park and the Bumper £10-12m any potential buyer will save can be used to buy a whole new squad of players, as well as coaching staff and trivial details like a Manager.
I'm sure everything will be just hunky dory in this alternate universe.
If only you knew
Anyways, why does it mean so much to have Celtic fans' approval for your diarrhoea?
Is it coz we is Champions?!
Thats what i dont get why is he trying to convince us shouldn't he be trying to convince the rangers fans?
He's done nothing illegal, you doofus. He has brass balls the size of an elephants, but he's done nothing illegal.
Incorrect love!
Thought you would be familiar with the difference given your probable familiarity with the Rangers Tax Case.
Whyte has not paid VAT and PAYE, this is illegal. It might not be criminal, but it is illegal.
He has also potentially broken takeover laws by purchasing the club with future revenue, not looked into this though, so not willing to commit.
How would that affect his takeover of Rangers exactly? This "Illegal" act was carried out after he took over, David Murray acted "Illegally" during his tenure, does that mean Lawrence Malborough still owns Rangers?
I know. They've probably torn his 'argument' to shreds too and now he's trying it on here...mystery why though.
I couldnly give a flying **** about your mess of a club. The sooner it's liquidated the better.
And it will be.
You, my friend, can go fling ****e at yourself. I'm busy drinking champagne and eating jelly and ice cream.
Losing security does not mean that the assets revert to the previous owner. It means they would become open to claim by the unsecured creditors.
If it was decided that Whyte's claim of £30m security came from the Ticketus deal, where he used the clubs own funds to purchase the club, then this would be both illegal and for that reason the security would be removed as his claim that he put in £30m was false as it was actually the club who had put £30m in place.
WHYTEY WHYTEY WHYTEY WHYTEY NA NA NA NA NA
Craig Whyte's Fenian Army.
Neil Lennon OBE (Over Before Easter)
Craig Whyte's Fenian Army.
Neil Lennon OBE (Over Before Easter)
I can post on multiple forums at the same time you know.
You guys are easily the most stupid forum I have been on though!
Because you've been shown up to be talking a huge pile of dung, you're saying the posters on here are stupid?
Aye, ok, in reverse world maybe
Is that you, Hash?
